School of the Art Institute of Chicago

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2017 Undergraduate Tuition

$46,560

3.67% growth from 2016

2017 Average Net Price

$45,728

After Financial Aid

2016 Student Loan

5.77%

Default Rate

2017 Acceptance Rate

61%

5,686 Applicants

2017 Enrolled Students

3,648

94.1% Full-Time

2016 Graduation Rate

65.7%

307 Graduates

About

School of the Art Institute of Chicago is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at School of the Art Institute of Chicago were General Fine Studio Arts (545 degrees awarded), General Visual & Performing Arts (15 degrees), and Art History, Criticism, & Conservation (9 degrees).

In 2017, 856 degrees were awarded across all undergraduate and graduate programs at School of the Art Institute of Chicago. 71.4% of these degrees were awarded to women, and 28.6% awarded men. The majority of degree recipients were white (338 degrees), 3.13 times more than then the next closest race/ethnicity group, asian (108 degrees).

The median undergraduate tuition at School of the Art Institute of Chicago is $46,560, which is $32,560 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at School of the Art Institute of Chicago is $46,560, which is $32,560 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $45,728.

In 2017, 89% of undergraduate students received federal grants, while 39% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,560

2017 Undergraduate Tuition

In 2017, the cost of tuition at School of the Art Institute of Chicago was $46,560. The cost of tuition at School of the Art Institute of Chicago is $32,560 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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Average Net Price

$45,728

2017 Value

5.14%

1 Year Growth

In 2017 School of the Art Institute of Chicago had an average net price — the price paid after factoring in grants and loans — of $45,728. Between 2016 and 2017, the average net price of School of the Art Institute of Chicago grew by 5.14%.

This chart compares the average net price of School of the Art Institute of Chicago (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,580

Room and Board

$1,770

Books and Supplies

The average yearly cost of room and board at School of the Art Institute of Chicago was of $11,580 in 2017. During the same period, the average yearly cost of books and supplies was $1,770. The cost of room and board increased by 2.21% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at School of the Art Institute of Chicago (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

89%

Of Undergraduates Receive Grants

39%

Of Undergraduates Receive Federal Loans

89% of undergraduate students at School of the Art Institute of Chicago received grants or loans in 2017. This represents a decline of 1.11% with respect to 2016, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at School of the Art Institute of Chicago (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

5.77%

2016 Default Rate

41

Number of Defaults

In 2016 the default rate for borrower's at School of the Art Institute of Chicago was 5.77%, which represents 41 out of the 710 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

School of the Art Institute of Chicago received 5,686 undergraduate applications in 2017, which represents a 8.43% annual growth. Out of those 5,686 applicants, 3,470 students were accepted for enrollment, representing a 61% acceptance rate.

There were 3,648 students enrolled at School of the Art Institute of Chicago in 2017, and 41% of first-time enrollees submitted SAT scores with their applications.

School of the Art Institute of Chicago has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61%

Acceptance Rate in 2017

3,470

Accepted Out of 5,686

In 2017, the undergraduate acceptance rate of School of the Art Institute of Chicago was 61% (3,470 admissions from 5,686 applications). This is higher than the acceptance rate of 2016, which was 59.3%. Between 2016 and 2017, the number of applicants grew by 8.43%, while admissions grew by 11.5%.

This chart compares the acceptance rate of School of the Art Institute of Chicago (in red) with that of other similar universities.

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SAT Scores

41%

Submission Percentage

267

Scores Submitted

41% of enrolled first-time students at School of the Art Institute of Chicago in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

School of the Art Institute of Chicago has a total enrollment of 3,648 students. The full-time enrollment at School of the Art Institute of Chicago is 3,432 students and the part-time enrollment is 216. This means that 94.1% of students enrolled at School of the Art Institute of Chicago are enrolled full-time.

The enrolled student population at School of the Art Institute of Chicago, both undergraduate and graduate, is 34.9% White, 10.8% Hispanic or Latino, 9.02% Asian, 3.73% Black or African American, 3.13% Two or More Races, 0.274% American Indian or Alaska Native, and 0.0548% Native Hawaiian or Other Pacific Islanders.

Students enrolled at School of the Art Institute of Chicago in full-time Undergraduate programs are majority White Female (24.9%), followed by White Male (9.51%) and Hispanic or Latino Female (8.3%). Students enrolled in full-time Graduate programs are majority White Female (24.8%), followed by White Male (10.5%) and Asian Female (5.74%).

Full-Time vs Part-Time Enrollment

94.1%

Full-Time Enrollment

The total enrollment at School of the Art Institute of Chicago, both undergraduate and graduate, is 3,648 students. The full-time enrollment at School of the Art Institute of Chicago is 3,432 and the part-time enrollment is 216. This means that 94.1% of students enrolled at School of the Art Institute of Chicago are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at School of the Art Institute of Chicago (in red) compares to similar universities.

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Retention Rate over Time

81%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at School of the Art Institute of Chicago was 81%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), School of the Art Institute of Chicago had a retention rate higher than its peers.

This chart shows the retention rate over time at School of the Art Institute of Chicago (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,272

  2. Hispanic or Latino

    395

  3. Asian

    329

The enrolled student population at School of the Art Institute of Chicago is 34.9% White, 10.8% Hispanic or Latino, 9.02% Asian, 3.73% Black or African American, 3.13% Two or More Races, 0.274% American Indian or Alaska Native, and 0.0548% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 174 students (4.77%) did not report their race.

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Graduates

In 2017, 366 more women than men received degrees from School of the Art Institute of Chicago. The majority of degree recipients at School of the Art Institute of Chicago are white (338 degrees awarded). There were 3.13 times more white graduates than the next closest race/ethnicity group, asian (108 degrees).

The most common Bachelor's Degree concentration at School of the Art Institute of Chicago is General Fine Studio Arts (545 degrees awarded), followed by General Visual & Performing Arts (15 degrees) and Art History, Criticism, & Conservation (9 degrees).

The most specialized majors across all degree types at School of the Art Institute of Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (776 degrees awarded), Architecture and Related Services (20 degrees), and English (27 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Elementary & middle school teachers (2,066,996 people), Registered nurses (1,362,362 people), Secondary school teachers (366,265 people), Education administrators (308,757 people), and Postsecondary teachers (265,801 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (776 degrees awarded), Architecture and Related Services (20 degrees), English (27 degrees), Education (13 degrees), and Health (18 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Surgeons, Electrical & electronics engineers, Public relations specialists, Physicians, and Dentists

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (776 degrees awarded), Architecture and Related Services (20 degrees), English (27 degrees), Education (13 degrees), and Health (18 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Elementary & secondary schools (3,164,524 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,576,263 people), Colleges, universities & professional schools, including junior colleges (536,157 people), Outpatient care centers (250,513 people), and Offices of physicians (224,258 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (776 degrees awarded), Architecture and Related Services (20 degrees), English (27 degrees), Education (13 degrees), and Health (18 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by School of the Art Institute of Chicago.

Most Common

  1. 545 degrees awarded

  2. 15 degrees awarded

  3. 9 degrees awarded

In 2017, the most common bachelors degree concentration at School of the Art Institute of Chicago was General Fine Studio Arts with 545 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at School of the Art Institute of Chicago according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 245

  2. 611

In 2017, 245 degrees were awarded to men at School of the Art Institute of Chicago, which is 0.401 times less than the number of degrees awarded to females (611).

This chart displays the gender disparity between the top 5 majors at School of the Art Institute of Chicago by degrees awarded.

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Most Common Male Majors

In 2017, 214 degrees were awarded to men at School of the Art Institute of Chicago in General Fine Studio Arts, which is 0.435 times less than the 492 female recipients with that same degree.

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Most Common Female Majors

In 2017, 492 degrees were awarded to women at School of the Art Institute of Chicago in General Fine Studio Arts, which is 2.3 times more than the 214 male recipients with that same degree.

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Time to Complete

38%

100% Completion Time

63%

150% Completion Time

In 2017, 38% of students graduating from School of the Art Institute of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at School of the Art Institute of Chicago is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.63% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    338 degrees awarded

  2. Asian

    108 degrees awarded

  3. Hispanic or Latino

    72 degrees awarded

The most common race/ethnicity at School of the Art Institute of Chicago is white (338 degrees awarded). There were 3.13 times more white recipients than the next closest race/ethnicity group, asian (108 degrees).

3.39% of degree recipients (29 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    236 degrees awarded

  2. White Male

    102 degrees awarded

  3. Asian Female

    83 degrees awarded

The most common race/ethnicity and gender grouping at School of the Art Institute of Chicago is white female (236 degrees awarded). There were 2.31 times more white female recipients than the next closest race/ethnicity group, white male (102 degrees).

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Operations

School of the Art Institute of Chicago has an endowment valued at nearly $212M, as of the end of the 2017 fiscal year. The return on its endowment was of $9.81M (4.62%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, School of the Art Institute of Chicago had a total expenditure of $N/A. Of that $N/A, they spent $60.8M on salaries and $N/A on benefits.

School of the Art Institute of Chicago employs 71 Associate professors, 49 Professors, and 35 Assistant professors. Most academics at School of the Art Institute of Chicago are Male Associate professors (47), Female Professors(27), and Female Associate professors (24).

The most common positions for non-instructional staff at School of the Art Institute of Chicago are: Business and Financial Operations, with 87 employees, Office and Administrative Support, with 85 employees, and Management with 72 employees.

Finances

Endowment

$212M

2017 Endowment

13.4%

growth from 2016

School of the Art Institute of Chicago has an endowment valued at about $212M, as of the end of the 2017 fiscal year. The endowment of School of the Art Institute of Chicago grew 13.4% from the previous year. The value of their endowment was $202M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at School of the Art Institute of Chicago (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $555k - Federal

  2. $46.8k - State

  3. $0 - Local

As of 2017, School of the Art Institute of Chicago received $555k in grants and contracts from the federal government, $46.8k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$60.8M

Salary Expenditure

$N/A

Benefits Expenditure

In 2017, School of the Art Institute of Chicago had a total expenditure of $N/A. Of that $N/A, they spent $60.8M on salaries and $N/A on benefits.

The bar chart shows the share of the primary expenses at School of the Art Institute of Chicago over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at School of the Art Institute of Chicago as a share of total expenditure.

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Salary Expenditure

$60.8M

2017 Salaries

7.18%

growth from 2016

In 2017, School of the Art Institute of Chicago paid a median of $60.8M in salaries, which represents N/A% of their overall expenditure ($N/A) and a 7.18% growth from the previous year. This is compared to a 3.17% growth from 2015 and a 6.76% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$14.8M

Instructional Salaries

161

Number of Employees

In 2017, School of the Art Institute of Chicago paid a total of $14.8M to 161 employees working as instructors, which represents 24.4% of all salaries paid.

This is compared to a median of $1.02M (18.6%) for similar Special Focus Four-Year: Arts, Music & Design Schools.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

71 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

87 Employees

In 2017, the most common positions for instructional staff at School of the Art Institute of Chicago were Associate professor with 71 employees; Professor with 49 employees; and Professor with 35 employees.

In 2017, the most common positions for non-instructional staff at School of the Art Institute of Chicago were Business and Financial Operations with 87 employees; Office and Administrative Support with 85 employees; and Management with 72 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Female Professor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at School of the Art Institute of Chicago was Male Associate professor with 47 employees, Female Professor with 27 employees, and Female Associate professor with 24 employees.

This chart shows the gender split between each academic rank present at School of the Art Institute of Chicago.

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